iShares Short Maturity Bond ETF (NEAR) Performance
NEAR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.1% since Dec 31, 2025
- 1 year
- +1.9% total return
- 5 years
- +3.9% a year
- 10 years
- +2.8% a year
- Since first price
- +2.4% a year since 2013
NEAR trailing returns vs AGG, TLT, SPY
| Period | NEAR total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.4% | −0.7% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.4% | −1.7% | −1.5% | −3.8% | +7.8% |
| YTD | +1.1% | −2.1% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.9% | −2.5% | −1.1% | −6.9% | +14.4% |
| 3 years | +15.7%+5.0%/yr | +0.3% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +21.2%+3.9%/yr | −0.1% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +32.1%+2.8%/yr | −0.4% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionSep 26, 2013 | +36.0%+2.4%/yr | −0.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NEAR vs AGG
From Sep 26, 2013: NEAR grew to $13,603, AGG to $12,794.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NEAR returns by calendar year
12 of 12 full years positive. Best 2023 (+7.4%), worst 2021 (+0.3%). 2026 is year to date.
NEAR annual returns table
| Year | NEAR | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.1% | −1.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.9% | −1.2% | +7.2% | +4.3% | +17.7% |
| 2024 | +5.1% | −0.8% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.4% | −0.3% | +5.7% | +2.8% | +26.2% |
| 2022 | +0.4% | −1.1% | −13.0% | −31.2% | −18.2% |
| 2021 | +0.3% | −0.2% | −1.8% | −4.6% | +28.7% |
| 2020 | +1.4% | −9.6% | +7.5% | +18.2% | +18.3% |
| 2019 | +3.5% | −0.0% | +8.5% | +14.1% | +31.2% |
| 2018 | +1.7% | −0.2% | +0.1% | −1.6% | −4.6% |
| 2017 | +1.4% | −0.1% | +3.6% | +9.2% | +21.7% |
| 2016 | +1.4% | −0.1% | +2.4% | +1.2% | +12.0% |
| 2015 | +0.9% | −0.2% | +0.5% | −1.8% | +1.2% |
| 2014 | +0.6% | −0.3% | +6.0% | +27.3% | +13.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NEAR largest drawdowns
Now 0.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 5, 2020 | −9.6% | Mar 19, 2020 | Jul 24, 2020 | 14 days | 5 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
NEAR risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +4.9% | +3.8% | +2.8% | +2.3% |
| Volatility (annualized) | 1.8% | 1.6% | 1.8% | 1.6% |
| Sharpe ratio | 0.23 | 0.09 | 0.27 | 0.39 |
| Sortino ratio | 0.32 | 0.12 | 0.34 | 0.48 |
| Best month | +1.4% | +1.4% | +1.8% | +1.8% |
| Worst month | −1.0% | −1.0% | −3.6% | −3.6% |
| Best 12 months | +8.2% | +8.2% | +8.2% | +8.2% |
| Worst 12 months | +1.6% | −0.8% | −1.1% | −1.1% |
| Positive months | 83% | 73% | 85% | 85% |
| Beta vs S&P 500 | 0.06 | 0.03 | 0.05 | — |
| Correlation with S&P 500 | 0.38 | 0.33 | 0.44 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NEAR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 146 | −1.1% | +1.6% | +8.2% | 92% |
| 3-year (a year) | 122 | +0.5% | +1.9% | +6.2% | 100% |
| 5-year (a year) | 98 | +1.1% | +1.8% | +4.0% | 100% |
| 10-year (a year) | 38 | +1.6% | +2.5% | +2.9% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
NEAR performance overview
iShares Short Maturity Bond ETF (NEAR) returned +1.9% over the past year and +2.8% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +2.4% a year, turning $10,000 into about $13,603. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −9.6%, from Mar 5, 2020 to Mar 19, 2020, and it took 4 months to get back to the old high. NEAR finished 12 of its 12 full calendar years with a gain; the best year was 2023 (+7.4%) and the worst 2021 (+0.3%). Volatility has been 1.6% a year.
Related: NEAR chart, NEAR dividends, NEAR bond profile. See the NEAR overview for the latest quote and fund facts.
NEAR performance FAQ
What is the NEAR return over the past year?
NEAR returned +1.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.5%.
What is the average annual return of NEAR?
NEAR has returned +3.9% a year over 5 years, +2.8% a year over 10 years, +2.4% a year since September 26, 2013 (total return, distributions reinvested).
How much would $10,000 invested in NEAR be worth?
$10,000 invested in NEAR at its first recorded close on September 26, 2013 would be worth about $13,603 on October 23, 2026 with distributions reinvested.
What was the worst year for NEAR?
The worst calendar year was 2021, with a total return of +0.3%. The best was 2023 at +7.4%.
What is the biggest drawdown of NEAR?
The largest peak-to-trough decline was −9.6% between March 5, 2020 and March 19, 2020. It recovered to the old high on July 24, 2020, 4 months after the bottom.
How volatile is NEAR?
Over the past 3 years NEAR had an annualized volatility of 1.8% and a Sharpe ratio of 0.23 (excess return over 1–3 month T-bills per unit of risk).